Glassnode: SUSHI Holders Beware As The Token\'s Fair Value Is $0.31
Launched as a Uniswap fork less than a month ago, SushiSwap took the DeFi world by storm. What gasped massive attention was the introduction of a governance token called SUSHI. This lured investors as besides just receiving fees by providing liquidity like on Uniswap, they also get 0.05% of the fees converted back to SUSHI and distributed among SUSHI holders.
The explosive start resulted in SUSHI's listing on several prominent cryptocurrency exchanges, including Binance, and an all-time high of nearly $12.
